How to trade like a retarded genius - an actual strategy that works

This is so helpful

  • Yes

    Votes: 9 40.9%

  • Of course

    Votes: 0 0.0%

  • Why are you gay

    Votes: 14 63.6%
  • Total voters
    22
taowave said:
Timeframe is irrelavant,you still need to be right on direction,be it 30 seconds or 30 days.....

Show a time stamped trade and ease up on the incoherent rants...

What delta option do you buy to generate the imaginary returns you speak of?
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Timing is everything. Of course. Indeed. Timing is absolutely everything.

It doesn't matter What you trade.....How you trade.....if your Timing is Off in the market.....that trader will get absolutely gang raped by the market all day, every day. If a trader doesn't have timing...they are just gambling.
There are a lot of gang raped victims here on ET by the market.

The closer to expiration the option is....the more plutonium and explosiveness it contains.
 
MacBookProHo said:
Timing is everything. Of course. Indeed. Timing is absolutely everything.
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Can we quote you on that MacBoo?
Post's like yours offer so much actionable information.
It makes ET'ers eternally grateful.

There you have it! Go Get Em!
The Holy Grail!
 
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taowave said:
Delta of the option,leverage and stop levels vs target please
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I don't even know what Delta is. Delta Airlines.
Stop levels.......I have no stop, if things look ugly bail. I'm not here to marry anything and stay through the storms.
Target....that's a combination of realism, mixed with idealism.

If you bought around 10:10 and sold around 10:40....you could have banked six figures today. Of course, though, you have to know the future and be generally expecting that move. In premarket, I was expecting an overall flat'ish day today, with a slight dip downwards,
delta.jpg

delta2.jpg
 
MacBookProHo said:
If you bought around 10:10 and sold around 10:40....you could have banked six figures today.
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If you bought around 10:10
If my aunt had balls she'd be my uncle.
Timing is everything.
MacBoo, you are a fount of uh, wisdom.
As they say in Baston... What aaah you! LOL.
 
MacBookProHo said:
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If you bought around 10:10 and sold around 10:40....you could have banked six figures today. Of course, though, you have to know the future and be generally expecting that move...
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So did you do exactly that? Bank 6 figures today?
 
MacBookProHo said:
If you bought around 10:10 and sold around 10:40....you could have banked six figures today. Of course, though, you have to know the future and be generally expecting that move. In premarket, I was expecting an overall flat'ish day today, with a slight dip downwards,
More...

With all the posts you're making, many of them usually within market hours, you could at least demonstrate this in real time and not after the fact.

Even a child knows that if you buy and sell at the high/low any given day you could make a fortune. Stating that is kind of stating the obvious, isn't it?
 
easymon1 said:
Which of those items do you not use in your trading?

Working Smart and hard is generally more effective than working hard cooking fries at mickeyD's forever, not that there's anything wrong with that. We all appreciate hard work, after all it's a hardworking kid who installs my windshield wiper blades at the auto parts store.

Have a plan for when you get punched in the mouth. You better.
You will get punched in the mouth over and over in the trading game.

Some use stops, some use options, some just stare at the screen after a fresh "buy and hope trade" gone bad lol, etc, etc, some go tits up after getting what Tyson would think of as a pat on the back, lol.

Again, Which of those items do you not use in your trading?
Does your edge address these items?
https://www.elitetrader.com/et/thre...solid-trading-plan.340340/page-4#post-5031706
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Get used to get punched over and over again. It is part of the game.


I use a simple retail platform for futures trading. A simple 1m and 5m chart, and a DOM. Markets NQ and ES for the past 2-3 years. Before lots of FESX, FDAX and FGBL.

I try to anticipate what the market will do within the next 10 to 60 seconds. It got better at this by just doing it, again and again, even when I got punched in the "face" over and over again.

It is no rocket science. Same with boxing, same with daytrading, same with race driving, same with golf.... you can analyze everything to death, try to put it into formulas, try to find a foolproof way to win all the time. But usually the best in their game just did the same simple stuff over and over again. Be it Mike Tyson. Michael Schumacher. Tiger woods.

I know that there are other styles/ kinds of "trading", being engaged with the markets thats happening in big companies, hegde funds, investment banks that works in a much more scientific way and science and plans and this and that has its place there.

But there is no need to complicate retail trading, if all you want is to scalp a few ticks out of the eminis, out of AAPL, EURUSD, Bund or FDAX, it is all the same.... just do it, just trade, often, and you WILL improve. If you dont improve with such an approach after 6-12 months you better look for something different.
 
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